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Placement Data Auditing

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Email:pa@onicra.com

Contact No.: +91 12 4412 5736

Students select the business school (B-School) based on the quality of education
and opportunities provided by the college post-completion which is directly reflected
in their placements records. Having a mechanism to audit the placement data increases
the chance of attracting the best students and creates trust among all the stakeholders.

IPRS

The India placement reporting standards (IPRS) is reporting tool to disseminate
relevant information to all the stakeholders (prospective students, recruiters,
media & ranking agencies) without affecting the transparency required by the prospective
students and privacy of students and the recruiters.

The aggregate statistics published should include minimum, maximum, median, and
average salaries segmented across each of the function, sector, and location.

Easy to compare the roles offered by mandating job description (JD) for compliance
of audit

JD Structure gives clarity on the expectation of the firms internship programme
and help them choose electives

The audit result help the student in interview preparation specific to firm or role
in a particular sector

College

Trustworthiness of the data/statistics in the placement report

Transparency of result increase the chances of attracting prospective students &
recruiters

Create differentiation among other Business Schools

Communicate Quality of education & Opportunities provided by the Business school

Easy to compare the placement performance across B-Schoolss

Protect the privacy of individual (student and recruiter)

The IPRS mandates the placement data be audited by an independent auditor.

Onicra provides auditing of the placement data by validating the data (remuneration/sector/function)
obtained from the placement committee thorough communication received from the recruiters
and ensures that the presented data follows the compliance of IPRS.

Auditing Process

ONICRA receives mandate for auditing placement data

Kick of workshop with the placement team of the business school

Defining processes that meet the standards of B-School and complies with IPRS